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Europe’s USD 20 billion tariff countermeasure proposal puts US seafood in the firing line

April 18, 2019 — A public consultation on a preliminary list of products from the United States on which the European Union may take countermeasures, in the context of the ongoing Boeing dispute at the World Trade Organisation (WTO), has been published by the European Commission (EC).

The proposed tariffs are in response to the long-running dispute over subsidies paid by the United States to airplane-maker Boeing and by Europe to Airbus.

A range of U.S. exports into the E.U. are covered by Brussels’ list – from aircrafts to chemicals and agri-foods. In total, these goods are estimated at around USD 20 billion (EUR 17.7 billion).

In terms of seafood, the many products currently listed for additional import duties if they are originating in the United States include frozen Atlantic, Danube, and Pacific salmon, frozen albacore and yellowfin tuna, frozen cod and Alaska pollock, frozen and live lobster, frozen coldwater shrimp, scallops, and squid.

In a statement, E.U. Trade Commissioner Cecilia Malmström said that European companies must be able to compete on fair and equal terms.

Read the full story at Seafood Source

Could Oysters Ease Trade Tensions With U.S.? European Leaders Hope So

November 14, 2018 — BRUSSELS — The United States and Europe may one day put aside their differences on trade, eliminate tariffs on industrial goods and work together to rein in their common economic adversary, China.

But for Cecilia Malmstrom, the European trade commissioner, the most urgent task is to produce quick results, however humble, that will keep an impatient President Trump from imposing even more drastic penalties on European imports than the tariffs his administration has already levied.

So when Ms. Malmstrom meets in Washington on Wednesday with her American counterpart, Robert E. Lighthizer, she will count it as a substantial victory if she can lower the barriers hindering one bit of trans-Atlantic commerce: oysters.

The United States and Europe have long banned the importing of each other’s shellfish. But a deal to ease trade on that front has been in the works for several years and could be dressed up by both sides as a success that helps smooth relations with the White House.

Shellfish may seem like an odd focus for negotiators, but exports from the United States are worth about $1.7 billion a year. And international trade in clams, mussels, oysters and scallops — all of which are shipped live by air — is growing.

The emphasis on mollusks also illustrates a strategy that officials in Brussels hope will prevent Mr. Trump from acting on a threat to impose steep tariffs on European cars, a potentially devastating blow to the European economy.

Read the full story at The New York Times

 

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